I've stopped laughing long enough to write this short diary about McCain's gas tax holiday plan.
This morning on ABC, McCain brought up his gax tax holiday plan.
MCCAIN: There are many steps that can be taken absolutely, including the gas tax holiday. Everybody -- everybody...
STEPHANOPOULOS: Not a single economist in the country said it'd work.
MCCAIN: Yes. And there's no economist in the country that knows very well the low-income American who drives the furthest, in the oldest automobile, that sometimes can't even afford to go to work.
STEPHANOPOULOS: But they all say that that's...
MCCAIN: And they haven't met...
STEPHANOPOULOS: ... not who's (ph) going to get the benefit. The oil companies, the gas companies are going to absorb...
MCCAIN: You know, they..
STEPHANOPOULOS: ... any reduction.
MCCAIN: ... they say that. But one, it didn't happen before, and two, we wouldn't let it happen. We wouldn't let it -- Americans wouldn't let them absorb that.
STEPHANOPOULOS: How would you prevent that?
MCCAIN: We would make them shamed into it(my emphasis). We, of course, know how to -- American public opinion. And we would penalize them, if necessary. But they wouldn't. They would pass it on.
How has that shame worked so far Senator?